Short Interest in VOC Energy Trust (NYSE:VOC) Expands By 1,241.7%

VOC Energy Trust (NYSE:VOC) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 32,200 shares, a growth of 1,241.7% from the January 31st total of 2,400 shares. Based on an average daily volume of 71,700 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VOC. Two Sigma Securities LLC purchased a new stake in VOC Energy Trust during the 4th quarter worth approximately $66,000. 180 Wealth Advisors LLC grew its stake in shares of VOC Energy Trust by 10.5% in the fourth quarter. 180 Wealth Advisors LLC now owns 204,339 shares of the oil and gas producer’s stock worth $977,000 after acquiring an additional 19,439 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its position in shares of VOC Energy Trust by 29.8% during the third quarter. Sanctuary Advisors LLC now owns 87,140 shares of the oil and gas producer’s stock worth $436,000 after acquiring an additional 20,001 shares during the period.

VOC Energy Trust Price Performance

Shares of VOC stock traded up $0.11 on Friday, hitting $3.28. The stock had a trading volume of 19,693 shares, compared to its average volume of 81,252. The company’s 50 day moving average price is $4.29 and its 200-day moving average price is $4.74. VOC Energy Trust has a 1 year low of $3.08 and a 1 year high of $7.10. The firm has a market capitalization of $55.76 million, a P/E ratio of 4.17 and a beta of 0.85.

VOC Energy Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Thursday, January 30th were paid a dividend of $0.085 per share. The ex-dividend date of this dividend was Thursday, January 30th. This represents a $0.34 dividend on an annualized basis and a yield of 10.37%. VOC Energy Trust’s dividend payout ratio (DPR) is presently 43.59%.

Analysts Set New Price Targets

Separately, StockNews.com lowered VOC Energy Trust from a “buy” rating to a “hold” rating in a research report on Thursday, December 26th.

VOC Energy Trust Company Profile

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.2 net acres.